Is Forsyth, IL 62535 a buyer’s or seller’s market?
Forsyth is a seller’s market. With about 1.2 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 79% of U.S. ZIP codes, and #150 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Forsyth housing market right now
In the three months ending August 31, 2026, 31% of homes in Forsyth, IL 62535 sold above their list price, the typical home went under contract in 23 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (31% then), homes sold about as fast and the median sale price rose 3% to $358,845. Overall, Forsyth is about as competitive as it was a year ago.
Within Macon County, homes here sell more slowly than in 55% of the county’s ZIP codes, and sell more often over asking than in 91%. On our competition score, Forsyth ranks #150 of 464 IL ZIP codes with enough sales (score 74 out of 100).
Nearby, buyers who want less competition could look at Macon 62544 (0% sold over asking) or Dalton City 61925 (0% sold over asking), while Argenta 62501 (38% sold over asking) is even more competitive.
Run the numbers for 62535
Nearby markets
Argenta 62501Seller’s market $125 /sq ftDalton City 61925 $122 /sq ftDecatur 62521Seller’s market $91 /sq ftDecatur 62522Seller’s market $75 /sq ft Browse all markets →Towns like Forsyth nearby
Find towns like Forsyth in other states →Where Forsyth is
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Questions about Forsyth real estate
Is Forsyth a buyer’s or seller’s market?
A seller’s market: there were 1.2 months of supply in Forsyth, IL 62535 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Forsyth?
The typical home went under contract in 23 days in the latest three months.
Do homes in Forsyth sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Forsyth?
About 2.12% of a home’s value a year in Macon County, or roughly $8,480 on a $400,000 home.
What is the median home price in Forsyth?
The median sale price was $358,845 in the three months ending August 31, 2026, about $133 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology